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According to on-chain analyst Yu Jin's monitoring, Ethena deposited 128.6 million ENA into Binance in the past 2 hours, worth approximately 24.33 million USD.EmberCN speculates that Binance is currently buying back stolen assets through both on-exchange and off-exchange transactions to fill the asset gap in the Proof of Reserves (PoR), and this transfer may be related to Binance's off-exchange purchase of ENA from Ethena.Previously, a total of 217.5 million ENA was stolen in the attack on Binance, and the specific nature of the transactions has not yet been confirmed.

The Federal Bureau of Investigation (FBI) responded to the Binance theft incident, stating that it is aware of the incident and is communicating with relevant partners to understand the scope of the activities and assess the potential impact.

The Ethereum Layer 2 network Scroll announced the summary of the DAO monthly meeting, further revealing the network transformation plan, which intends to adjust the existing network to a permissioned network and migrate SCR and USX to the Ethereum mainnet. Scroll stated that it will submit a detailed proposal later to review the relevant transformation arrangements through the governance process.To facilitate the transition, Scroll is preparing to help users check their existing positions and safely transfer or withdraw assets during the network transformation period. In addition, Scroll's AI application Compass has launched a paid subscription service on iOS, while the Android version and more fiat payment methods are still under development. The Compass API is also expanding support for different AI models.

Cybersecurity company XBOW published a statement disclosing a critical remote code execution vulnerability that can be exploited without authentication in a public web application of the U.S. Election Assistance Commission (EAC). This application is used for resource and logistics calculations, not for voting machines or voter registration systems.The vulnerability could allow attackers to execute code with root privileges in the backend container by crafting specific web requests, and access local protected resources and external networks. XBOW stated that it reported the issue according to the vulnerability disclosure policy published by the EAC, and after verification by the EAC team, the vulnerability was fixed before the U.S. federal midterm elections.

CryptoQuant founder Ki Young Ju posted on platform X that the Coinbase premium has hit a 4-year low. The last time this level occurred was after the FTX collapse in November 2022, when Bitcoin bottomed out; he believes that market sentiment has become pessimistic enough to be bullish.

On October 30, Foreign Ministry spokesperson Guo Jiakun stated at a press conference that the U.S. side generalizes the concept of national security, abuses national power, and unjustly suppresses Chinese enterprises. China firmly opposes and is strongly dissatisfied with this. The actions of the U.S. side seriously hinder normal economic and trade exchanges between Chinese and American enterprises, which do not align with the interests of all parties. China will take necessary measures to safeguard its legitimate rights and interests.

Regarding Binance founder CZ's statement that Binance has sufficient funds to cover the losses caused by this security incident, community users commented that before FTX's collapse, SBF also assured that the platform had enough funds. Subsequently, Musk replied to a user's comment with a "😬" emoji.This emoji typically expresses embarrassment, unease, or discomfort with a certain situation. Compared to the "laughing and crying" emoji, it carries more negative emotions and subtle skepticism. This interaction has attracted market attention, with some users speculating that Musk may hold a negative view of Binance or CZ. Musk has not provided further clarification on this, and it remains unclear what specific target his comment was directed at.

Cameron Winklevoss, co-founder of Gemini, tweeted that Zcash does not need to reinvent its governance mechanism. Stakeholder voting has been functioning in capital markets for hundreds of years, and holder voting is merely its on-chain form. Experimental governance is not the mission of Zcash; its mission is privacy.Cameron Winklevoss stated, "It is time to end ZCG and all the distractions and misaligned goals it brings." Previously, Cameron Winklevoss and his twin brother Tyler Winklevoss's Winklevoss Asset had submitted an S-1 registration statement for the Winklevoss Zcash ETF to the U.S. Securities and Exchange Commission. This ETF plans to directly hold ZEC, intends to list under the ticker WINK on Nasdaq, with an expense ratio of 0.25%, and Gemini Trust Company will act as the custodian.

Binance released preliminary investigation results on its official X account, stating that the security incident may involve the laptop of a DevOps engineer being compromised. The attacker used this to access the service container and submitted unauthorized withdrawal transactions. Binance stated that there is currently no evidence of wallet private key leakage and will publish a detailed technical review after the investigation is complete and the facts are fully verified.Binance estimated the total impact of the incident to be approximately $6.3 billion. The platform has frozen related assets in collaboration with blockchain partners, with about $3 billion currently frozen on-chain. Binance stated that it will cover all losses through the SAFU fund and company funds, ensuring user fund safety, and will release updated proof of reserves after the resolution is complete.As an immediate measure, Binance has suspended deposits and withdrawals until security checks are completed, revoked the authorization of affected addresses, and has contacted law enforcement and blockchain intelligence partners to track and recover funds. Binance stated that the team is working with law enforcement partners to confirm the identities of the relevant individuals and reminds users to obtain updates only through official channels.

Coinbase CEO Brian Armstrong posted on the X platform that his team is working hard to provide support, including intercepting transfers to the compromised wallets, and has contacted Binance for assistance.He stated that the industry should work together to address the current situation, openly share useful information, and protect customers. He also mentioned that the cryptocurrency industry has gone through many difficult times and has emerged stronger each time, and this time will be no exception.

According to Bloomberg, California-based personal AI assistant company Wabi Inc. has completed a $55 million financing round, with a valuation of $1.25 billion. This round was led by IVP, with participation from Andreessen Horowitz, Amazon Alexa Fund, and Forerunner Ventures, and the company plans to announce this on Thursday. The funds will be used to continue developing software that allows multiple people to interact with AI agents to coordinate activities and make collective decisions.Wabi was founded by Replika founder Eugenia Kuyda and is headquartered in San Francisco. The product is positioned as a personal AI assistant for multiple users, combining AI agents, personalized mini-apps, and shared spaces. The company announcement shows that participating angel investors include Shopify CEO Tobi Lütke, Salesforce CEO Marc Benioff, former Yahoo head Marissa Mayer, former Twitter CEO Dick Costolo, and Alex Pall. The new funds will be used for product development and business expansion, with the product currently available on iOS, Android, and Mac.

According to Catcher Predict monitoring, in the market prediction event "Cavaliers vs. Hawks" on Polymarket, the "Yes" option for the sub-market "James Harden: Assists O/U 6.5" experienced a dramatic fluctuation in winning probability, soaring from 27.5% an hour ago to the current 50.5% (a fluctuation of 23%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the Polymarket event "Bears vs. Trail Blazers," the "Damian Lillard: Assists O/U 4.5" sub-market's "Yes" option win rate has experienced significant fluctuations, dropping from 38% an hour ago to the current 23% (a fluctuation of 15%). Please note the impact of related breaking news.

Cryptocurrency exchange KuCoin announced that it has immediately suspended all products and services for users in Russia and Belarus, citing legal and regulatory compliance. KuCoin stated that it will provide affected users with an "orderly exit process" to facilitate asset withdrawals. The exchange mentioned in a post on X on Thursday that compliance is at the core of its operations and guides where and how it provides services.KuCoin is headquartered in Seychelles. This move comes as several cryptocurrency companies cooperate with the international sanctions imposed by the United States and Europe against Russia and Belarus, which are related to the war in Ukraine.Additionally, according to an announcement from the Central Bank of Russia on Thursday, it has approved the National Association of Securities Market Participants (NAUFOR) as a self-regulatory organization for cryptocurrency exchanges and custodians. The central bank's registry currently includes 23 cryptocurrency exchanges and 8 digital custodians, and registered entities must join the self-regulatory organization within 90 days.

According to Bitcoin Magazine, on October 29, the Central Bank of Russia approved the National Association of Participants in the Securities Market (NAUFOR) to become the country's first self-regulatory organization for cryptocurrency exchanges and digital custodians. This move implements the "Digital Currency and Digital Rights Law," which was passed by the State Duma in July, into an operational system. The law requires exchange operators and digital custodians to enter the central bank's registry and must join a self-regulatory organization.The central bank's registry currently includes 23 cryptocurrency exchanges and 8 digital custodians, including VTB, Sberbank, and T-Bank's parent company T-Technologies. Companies listed in the registry must complete their membership within 90 days. The self-regulatory organization is responsible for setting industry standards, supervising members, and communicating with regulators on behalf of the industry.NAUFOR stated that it will participate in the formulation of standards for the digital asset market and promote adjustments to the rules by the central bank. The association earlier this month obtained similar qualifications in the field of information system operators and currently has 725 members.The law prohibits the use of Bitcoin for everyday payments, and domestic cryptocurrency payments remain banned. It also issues licenses to exchanges and custodians, limits retail investors' purchase amounts, and establishes state-regulated cross-border trading channels. Non-qualified retail investors can purchase up to 300,000 rubles, approximately $3,800, per year through a single intermediary. Additionally, the Moscow Exchange has tested cryptocurrency trading with professional market participants and plans to launch in December; Sberbank has also been approved to custody Bitcoin and other cryptocurrency assets.

The cybersecurity company XBOW disclosed that it has found a critical remote code execution vulnerability in a publicly accessible web application of the U.S. Election Assistance Commission (EAC) that can be exploited without authentication.This application is used for resource and logistics calculation, not for voting machines or voter registration systems.

The automated market-making protocol Yield Basis, founded by Curve founder Michael Egorov, announced the launch of a permissionless propAMM, aiming to upgrade its liquidity mechanism on Curve. This design combines market perception pricing with dynamic fees, aiming to increase trading volume, reduce arbitrage losses, and improve liquidity provider returns. According to its simulations over the past 18 months, Yield Basis's WETH position is projected to grow at an annualized rate of 8.5% in ETH terms under the new design, compared to 3.6% under existing parameters.Officials stated that WETH liquidity providers do not need to take additional actions, as the new design will directly affect their respective liquidity pools. The small transaction fee for pulling the pool price back to the market price is 0.50%, and anyone can submit prices or deposit funds, with the relevant code being open source. The WETH pool will be deployed first, and Bitcoin-related liquidity pools will follow after the successful deployment of the WETH pool.According to the announcement, the liquidity pool will charge based on the profits earned by arbitrageurs from trades, retaining about two-thirds of the profits above the minimum fee. The new design features lower single transaction fees, with simulated trading volumes approaching three times the current levels, requiring donations of about one-quarter of the current amount. The Yield Basis DAO owns the strategy, and the Curve Emergency DAO can shut it down in emergencies, while the Curve liquidity pool contract itself remains unchanged. Curve DAO vote 1508 will connect the strategy to the WETH pool and set the reserved profit ratio, while Yield Basis vote 60 will set the LevAMM fee at 1.5% (currently 1.3%), with the donation rate being about 1.2% of the pool value per year (currently about 5%). The above simulations only include arbitrage exchanges and do not account for regular trading and liquidation.

According to TASS, the First Deputy Governor of the Central Bank of Russia, Vladimir Chistyukhin, stated that the restrictions on the use of non-custodial wallets in the proposed cryptocurrency legislation do not apply to international settlements, and such scenarios still allow the use of non-custodial wallets.

According to RBC, Russia has established testing standards for cryptocurrency investors, planning to require investors to pass a knowledge test before buying and trading cryptocurrencies on regulated platforms. Ekaterina Andreeva, the First Vice President of the National Association of Securities Market Participants of Russia (NAUFOR), stated that the draft of the relevant standards has been submitted to the Central Bank of Russia's Basic Standards Committee.Brokerages expect to start offering tests to clients as early as the end of November, with scores recognized across different regulated platforms. According to the cryptocurrency regulatory law that Russia began implementing in phases starting this September, non-qualified investors can only trade high liquidity crypto assets on the whitelist after passing the test.

According to official social media news, Huobi HTX will hold a live broadcast today at 19:00 on the theme "Last 48 Hours of Earnings Week, Can BTC Hold at 80,000?"At that time, crypto KOLs such as Grace, Dr. Dinosaur, Mo City, Dog Treasure, and Zhu Erdan will gather in the live broadcast room to discuss the earnings reports of U.S. tech giants, changes in macro liquidity, and trends in the crypto market. The focus will be on analyzing the impact of earnings season on market risk appetite, the long and short game around the key level of 80,000 USD for BTC, as well as the risks and potential opportunities that the short-term market may face.